Housing Inventory Estimate: Vacant Housing Units Held Off the Market in the Northeast Census Region
EOFFMARNEQ176N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,086.00
Year-over-Year Change
-3.55%
Date Range
4/1/2000 - 4/1/2025
Summary
This economic trend measures the number of vacant housing units held off the market in the Northeast Census Region of the United States. It is an important indicator of housing market conditions and housing affordability in the region.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Housing Inventory Estimate: Vacant Housing Units Held Off the Market in the Northeast Census Region tracks the number of vacant homes that are not actively listed for sale or rent. This metric provides insights into the overall supply and demand dynamics of the regional housing market.
Methodology
The data is collected through the U.S. Census Bureau's Housing Vacancy Survey.
Historical Context
This trend is closely monitored by policymakers and housing market analysts to assess regional housing market conditions and the availability of affordable housing.
Key Facts
- The Northeast Census Region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- Vacant housing units held off the market can include homes used for seasonal or recreational purposes, as well as those held for personal reasons or investment.
- Housing affordability is a significant concern in many Northeast metro areas due to high home prices and limited housing supply.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of vacant housing units that are not actively listed for sale or rent in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the overall housing market conditions and affordability in the Northeast region, which is important for policymakers, real estate professionals, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Housing Vacancy Survey.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and housing market analysts to assess regional housing market conditions and the availability of affordable housing.
Q: Are there update delays or limitations?
A: The data is published quarterly with a slight delay, and may not capture all vacant units held off the market.
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Citation
U.S. Federal Reserve, Housing Inventory Estimate: Vacant Housing Units Held Off the Market in the Northeast Census Region (EOFFMARNEQ176N), retrieved from FRED.